Where to Invest $5,000 for the Next 20 Years
If you want to earn a big return but don't have a lot of money to invest in the stock market, you can make up for that by investing for a longer time frame. For example, if you could generate 10% annual returns or more, then over a 20-year window your investment could be worth more than six times what it is today. A $5,000 investment may grow to be worth nearly $34,000. And the longer you hang on, the more potential there could be for even greater gains.
The key is to target areas of high potential growth, where businesses will have plenty of opportunities to succeed. And there could be two potentially lucrative opportunities in diabetes care and artificial intelligence (AI). Here's how you might want to invest $5,000 to make the most of businesses involved in those industries.
By 2050, there could be 1.3 billion people in the world with diabetes, effectively doubling from today. It's a concerning trend, and one that doesn't appear to be slowing down. That means the need to treat and manage diabetes is going to accelerate, creating growth opportunities for many healthcare companies.
Source Fool.com
